>>> Europe : Brokers Upgrades & Downgrades - 4th of April 2024 V2(+)

>>> Up
* Avis Budget Raised to Neutral at Goldman; PT $130
* BAM Raised to Outperform at Oddo BHF; PT 5.70 euros (+)
* CompuGroup Raised to Overweight at Morgan Stanley; PT 37 euros
* Elisa Raised to Buy at SEB Equities; PT 47 euros
* Greencore Group Raised to Outperform at Davy (+)
* Lloyds Raised to Outperform at KBW; PT 60 pence
* Mitie PT Raised to 145 pence from 125 pence at Jefferies
* NatWest Raised to Market Perform at KBW; PT 275 pence
* Revenio Raised to Accumulate at Inderes; PT 28 euros

>>> Down
* Buzzi SpA Cut to Hold at Intesa Sanpaolo; PT 40.50 euros
* Byggfakta Group Nordic Holdco Cut to Hold at DNB Markets
* Celanese Cut to Underweight at JPMorgan; PT $160
* Epiroc Cut to Hold at Pareto Securities; PT 220 kronor
* Ferrari Cut to Equal-Weight at Barclays; PT $433.76
* FUCHS SE Cut to Hold at DZ Bank; PT 45 euros (+)
* Givaudan Cut to Reduce at Baader Helvea
* Hershey PT Cut to $170 from $183 at Morgan Stanley
* Hertz Cut to Sell at Goldman; PT $7
* NIBE Industrier Cut to Sell at ABG; PT 40 kronor
* Securitas Cut to Hold at Nordea
* Vestas Cut to Hold at DZ Bank; PT 200 kroner (+)

>>> Initiation
* 4imprint Re-Initiated Buy at Berenberg; PT 7,365 pence
* Unite Group Reinstated Outperform at BNPP Exane; PT 1,200 pence
* Xior Rated New Underperform at BNPP Exane; PT 24 euros

>>> Call
* 4imprint a Buy at Berenberg on Continued Growth Potential (+)
* Carlsberg Risks Skewed to Upside, Citi Opens Catalyst Watch
* CompuGroup Raised at Morgan Stanley, Downgrade Cycle Is Over

* Givaudan Cut at Baader Helvea, High Quality But High Valuation
* Stifel’s Bannister Says Bitcoin’s Top Is Bad Sign for US Stocks
* Swedish Bank PTs Cut at Morgan Stanley on Soft NII Momentum